US Government Announces Final Silk Road's Bitcoin Auction

US Government Announces Final Silk Road's Bitcoin Auction

The US government on Monday announced that it is auctioning the last remaining Bitcoins belonging to the now-defunct underground marketplace Silk Road. According to the US Marshal Service's (USMS) press release, the auction of 44,341 Bitcoins (nearly $1.5 million at press time) will take place on November 5 this year, from 8 am to 2 pm. The Bitcoins will be offered in 22 blocks: 21 blocks of 2,000 Bitcoins and 1 block of around 2,341 Bitcoins. The auction winners will be announced the very next day - on November 6. The agency further stated: "The registration period starts Oct. 19 and runs....


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